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Financial
Distress signals
Property profile

120 N River St Delano, MN 55328

FOR SALE
Office buildings
Property ID
US46-1653552
1,710 SF 0.09 ac lot Built 1900
Last sale Dec 2014 · $125,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial storefront in Delano, Minnesota located at 120 N River Street. The building dates to 1900 and is configured for retail use as a floral and gift shop, with space and supporting features used to display and sell floral arrangements, plants, home décor, and gift items. The operating setup has historically included furnishings, fixtures, and equipment used for the business, and the store has provided related services for events such as weddings and funerals. The business operation has also supported customer ordering through an online storefront.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$192k
Assessed land$36k
Assessed improvement$156k
Effective rate1.30%

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$61k
Vacancy & credit loss−$4k
Operating expenses−$17k
NOI · 8.32% cap applied$40k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$132/SF
County average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$77 – $213
Qualifying comparables4

Cap rate analysis

How does the asset earn?
8.32%
$40k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWRIGHT

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.4
HVAC Service9.4
Furniture Store9.3

Location

120 N River St Delano, MN 55328
County assessor Recorded deeds · 4 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
116 Riv N, Delano, MN 55328-9311 $475,000 Oct 2024 2,125 SF
129 Brg E, Delano, MN 55328 $1,700,000 Jan 2024 2,250 SF
127 Brg E, Delano, MN 55328-4647 $1,700,000 Jan 2024 2,250 SF
116 Brg E, Delano, MN 55328-4583 $300,000 Jan 2024 2,250 SF
124 Brg E, Delano, MN 55328-4583 $289,000 Nov 2020 3,800 SF
1262 Xing, Delano, MN 55328-4637 $390,000 Apr 2019 2,944 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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